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Nikon's market cap is down 90% since the 2000s. I think with Canon it is similar - I can't find a long term chart right now though.
by TooCreative 6y ago
Nikon's market cap is down 90% since the 2000s.
I think with Canon it is similar - I can't find a long term chart right now though.
- lukeramsden 6y agoNot surprising considering that the vast majority of people just use their smartphone as their digital camera. Both companies did just fine in the transition to digital, it was the transition to mobile that they lost out in.
- TooCreative 6y agoI can very well see similar statements in 20 years: "Not surprising considering that the vast majority of people just use robo taxis now. The ICE manufacturers did just fine in the transition to EVs. It was the transition to self-driving they lost out in."
- kthejoker2 6y agoI don't know that they'll all be winners, but Big Auto is one of the largest investors in self driving tech, and they're aggressively poaching talent.
- rjkennedy98 6y agoI suspect that has to do with the iPhone which had replaced the digital camera for almost everyone.
- Yetanfou 6y agoYou're using the word 'iPhone' where you mean 'smartphone'. Don't do that, you wouldn't call any car a Ford or any vacuum cleaner a Hoover either. Nor do you call any iPhone a Nokia, for that matter.
- rjkennedy98 6y agoIts called a metonymy.